Ocado Group plc (LON:OCDO) Insider Stephen Daintith Buys 46 Shares of Stock

Ocado Group plc (LON:OCDO) insider Stephen Daintith bought 46 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was acquired at an average price of GBX 333 ($4.20) per share, for a total transaction of £153.18 ($193.04).

Stephen Daintith also recently made the following trade(s):

• On Tuesday, October 15th, Stephen Daintith acquired 39 shares of Ocado Group stock. The stock was purchased at an average price of GBX 385 ($4.85) per share, for a total transaction of £150.15 ($189.22).
• On Monday, September 16th, Stephen Daintith bought 45 shares of Ocado Group stock. The shares were bought at an average cost of GBX 331 ($4.17) per share, for a total transaction of £148.95 ($187.71).

Ocado Group Trading Down 3.8 %

Shares of LON OCDO opened at GBX 320.20 ($4.04) on Friday. The firm’s 50 day moving average price is GBX 358.14 and its 200-day moving average price is GBX 359.46. The company has a market cap of £2.63 billion, a PE ratio of -1,231.54 and a beta of 1.85. Ocado Group plc has a 52-week low of GBX 278.17 ($3.51) and a 52-week high of GBX 798.80 ($10.07). The company has a debt-to-equity ratio of 143.47, a quick ratio of 2.82 and a current ratio of 2.35.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “not rated” rating on shares of Ocado Group in a research note on Thursday, September 19th.

About Ocado Group

Ocado Group plc, together with its subsidiaries, operates as an online grocery retailer in the United Kingdom and internationally. The company operates in three segments: Technology Solutions, Ocado Logistics, and Ocado Retail. It offers online grocery and general merchandise; and customer fulfillment centers and logistics services.